Analyze the Austin, TX market for opportunities to open 1 out of 6 service businesses for households
Budget: $35 – $70 USD
Our team is looking for a Market Researcher:
Terms of reference for choosing a business
We plan to start a business in the Austin metropolitan area and further expand to the other regions of Texas. We want to choose one of the service businesses for households:
1. Installation, maintenance, and repair of air conditioning, ventilation, and air purification systems.
2. Electrical.
3. Front yard and back yard services (including design, renovation, care, etc.)
4. Installation, maintenance, and repair of the site sprinkler irrigation system.
5. House and interior design (including 3D modeling).
6. House remodeling and renovation.
We need to score these areas to reasonably select a business (considering several criteria including but not limited to):
1. The volume of the market for specific services.
2. Dynamics of the market for specific services.
3. Competitive environment.
4. Short- and long-term opportunities for growth.
5. Market risks for the business.
6. Other risks to starting a business.
7. Marginality – actual and future forecast.
8. Average bill.
9. Average number of orders - per year and by season.
As the result, we would like to see the analytical report showing all the pros and cons of each business starting, as well as two recommended businesses (first and second priorities) with justification.
Before discussing the cost and other details of the contract, we would like to receive the list of metrics for analysis and planning tools, incl. the number of interviews with experts and competitors. And agree on that list.
Terms of reference for choosing a business
We plan to start a business in the Austin metropolitan area and further expand to the other regions of Texas. We want to choose one of the service businesses for households:
1. Installation, maintenance, and repair of air conditioning, ventilation, and air purification systems.
2. Electrical.
3. Front yard and back yard services (including design, renovation, care, etc.)
4. Installation, maintenance, and repair of the site sprinkler irrigation system.
5. House and interior design (including 3D modeling).
6. House remodeling and renovation.
We need to score these areas to reasonably select a business (considering several criteria including but not limited to):
1. The volume of the market for specific services.
2. Dynamics of the market for specific services.
3. Competitive environment.
4. Short- and long-term opportunities for growth.
5. Market risks for the business.
6. Other risks to starting a business.
7. Marginality – actual and future forecast.
8. Average bill.
9. Average number of orders - per year and by season.
As the result, we would like to see the analytical report showing all the pros and cons of each business starting, as well as two recommended businesses (first and second priorities) with justification.
Before discussing the cost and other details of the contract, we would like to receive the list of metrics for analysis and planning tools, incl. the number of interviews with experts and competitors. And agree on that list.
Related categories:
Market Research
Qualitative Research
Interviewing
Competitor Analysis
Market Analysis